The Maria Reed Company has budgeted production for next year as follows: Quarter First Second Third Fourth auction in units 12,000 10,000 14,000 16,000  (5) pounts of raw materials are required for each unit produced

Answer

c .

Explanation

Computation of Budgeted Purchases of Raw Materials is the First Quarter:

Budgeted Purchases = Budgeted Production + Desired Ending Inventory - Beginning Inventory Received

Here,
Budgeted Production = 12,000 units*5 pounds of raw material

Budgeted Production = 60,000 pounds

Ending Inventory = (10,000*5)*10%
Ending inventory = 5,000 pounds

Budgeted Purchases = 60,000+5,000-4,000

Budgeted Purchases = 61,000 pounds
So, Budgeted Purchases of Raw Materials in the First Quarter is 61,000 pounds which is not given in the options. So, just to submit the answer I have ticked on Option C.